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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000007789-05-000002.txt : 20050111
<SEC-HEADER>0000007789-05-000002.hdr.sgml : 20050111
<ACCEPTANCE-DATETIME>20050111093910
ACCESSION NUMBER:		0000007789-05-000002
CONFORMED SUBMISSION TYPE:	13F-HR
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20041231
FILED AS OF DATE:		20050111
DATE AS OF CHANGE:		20050111
EFFECTIVENESS DATE:		20050111

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ASSOCIATED BANC-CORP
		CENTRAL INDEX KEY:			0000007789
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				391098068
		STATE OF INCORPORATION:			WI
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		13F-HR
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	028-00967
		FILM NUMBER:		05522309

	BUSINESS ADDRESS:	
		STREET 1:		1200 HANSEN ROAD
		CITY:			GREEN BAY
		STATE:			WI
		ZIP:			54304
		BUSINESS PHONE:		9204917015

	MAIL ADDRESS:	
		STREET 1:		1200 HANSEN ROAD
		CITY:			GREEN BAY
		STATE:			WI
		ZIP:			54304

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ASSOCIATED BANK SERVICES INC
		DATE OF NAME CHANGE:	19770626
</SEC-HEADER>
<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>form13fhr123104.txt
<DESCRIPTION>4TH QUATER 2004
<TEXT>
 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 13F

       INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT
  TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER

          Report for the Calendar Year or Quarter Ended December 31, 2004

If Amended report check here: |_|

                              ASSOCIATED BANC-CORP
- --------------------------------------------------------------------------------
Name of Institutional Investment Manager

                     1200 Hansen Road       Green Bay        WI         54304
- --------------------------------------------------------------------------------
Business Address       (Street)              (City)        (State)      (Zip)

                                             Chief Administrative Officer,
Brian R. Bodager     (920) 491-7001    General Counsel and Corporate Secretary
- --------------------------------------------------------------------------------
Name, Phone No. and Title of Person Duly Authorized to Submit This Report


                                   ATTENTION

- --------------------------------------------------------------------------------

                 Intentional misstatements or omissions of facts
                     constitute Federal Criminal Violations
                     See 18 U.S.C. 1001 and 15 U.S.C.78ff(a)
- --------------------------------------------------------------------------------

The institutional investment manager submitting this form and its attachments
and the person by whom it is signed represent hereby that all information
contained therein is true, correct and complete. It is understood that all
required items, statements and schedules are considered integral parts of this
Form and that the submission of any amendment represents that all unamended
items, statements and schedules remain true, correct and complete as previously
submitted.

Pursuant to the requirements of the Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of Green Bay and State of Wisconsin on the 11th day of
January, 2005.

                                    Associated Banc-Corp
                                    --------------------------------------------
                                    Name of Institutional Investment Manager

                                    /s/ Brian R. Bodager
                                    --------------------------------------------
                                    Manual Signature of Person Duly Authorized
                                    to Submit This Report

Name and 13F file numbers of ALL institutional  investment managers with respect
to which this schedule is filed (other than the one filing this  report).  (List
in alphabetical order.)

13F file numbers will be assigned to Institutional Investment Managers after
they file their first report.

         Name                 13F File No.        Name        13F File No.
         ----                 ------------        ----        ------------

Associated Trust Company,
National Association
- -------------------------     ------------        ----        ------------
<PAGE>
<TABLE>
<CAPTION>
SAVSTMTS
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 1 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM 4-
- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>         <C>        <C>
KINDER MORGAN MGMT LLC FRACTIONAL SH  EKE55U103                110,164        X           2           110,164
NOBLE CORP COM                        G65422100         80       1,600        X           2             1,600
NOBLE CORP COM                        G65422100        179       3,600        X   X       2                        3,600
LIMITED PARTNERSHIP INTEREST          MS0023544        313           6        X           2                 6
    IN THE STAFFORD INVESTMENTS
LIMITED PARTNERSHIP INTEREST          MS0023593      2,783          87        X           2                87
    IN THE STAFFORD INVESTMENTS
CHECK POINT SOFTWARE TECH LT ORD      M22465104      2,762     112,125        X           2           111,825        200        100
CHECK POINT SOFTWARE TECH LT ORD      M22465104         31       1,250        X   X       2                        1,250
FLEXTRONICS INTL LTD ORD              Y2573F102      2,124     153,671        X           2           153,671
FLEXTRONICS INTL LTD ORD              Y2573F102         63       4,550        X   X       2               700      3,850
AFLAC CORP COM                        001055102        348       8,747        X           2             4,647                 4,100
AIM INVT SECS FDS LTD MATURITY        00142C201        535      52,438        X           2            52,438
    TREAS PORTFOLIO SHS
ABBOTT LABS COM                       002824100      7,870     168,702        X           2           166,002                 2,700
ABBOTT LABS COM                       002824100        450       9,652        X   X       2             7,547      2,105
ADELPHIA COMMUNICATIONS CORP CL A     006848105         14      37,600        X           2            37,600
    COM
AETNA U S HEALTHCARE INC COM          00817Y108        250       2,000        X           2                                   2,000
AFFILIATED COMPUTER SVCS INC CL A     008190100      1,558      25,880        X           2            25,880
    COM
AIR PRODS & CHEMS INC COM             009158106     13,238     228,356        X           2           225,606        350      2,400
AIR PRODS & CHEMS INC COM             009158106        439       7,565        X   X       2             6,315      1,250
ALLIANCE CAPITAL MGMT HLDG LP COM     01855A101      2,671      63,585        X           2            62,900        160        525
ALLIANCE CAPITAL MGMT HLDG LP COM     01855A101        109       2,600        X   X       2               800        200      1,600
ALLIANT ENERGY CORP COM               018802108        436      15,258        X           2            15,258
ALLIANT ENERGY CORP COM               018802108         59       2,070        X   X       2               600      1,470
ALLSTATE CORP COM                     020002101      7,898     152,699        X           2           149,824        250      2,625
ALLSTATE CORP COM                     020002101        167       3,225        X   X       2               475      2,750
ALTERA CORP COM                       021441100        217      10,500        X           2                                  10,500
                                                    ------
        COLUMN TOTALS                               44,594
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 2 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM 4-
- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>         <C>        <C>
ALTERA CORP COM                       021441100          4         200        X   X       2               200
ALTRIA GROUP INC COM                  02209S103      7,739     126,659        X           2           124,259                 2,400
ALTRIA GROUP INC COM                  02209S103      2,437      39,890        X   X       2            16,180     18,600      5,110
AMERICAN EXPRESS CO COM               025816109      1,194      21,185        X           2            19,085                 2,100
AMERICAN EXPRESS CO COM               025816109         65       1,152        X   X       2                        1,152
AMERICAN INTL GROUP INC COM           026874107      9,027     137,466        X           2           129,331                 8,135
AMERICAN INTL GROUP INC COM           026874107        471       7,175        X   X       2             6,000      1,025        150
AMGEN INC COM                         031162100     10,030     156,355        X           2           153,770      1,050      1,535
AMGEN INC COM                         031162100        288       4,495        X   X       2             2,385      1,760        350
ANADARKO PETROLEUM CORP COM           032511107        520       8,016        X           2             8,016
ANCHOR BANCORP WI INC COM             032839102      2,444      83,839        X           2            83,839
ANCHOR BANCORP WI INC COM             032839102          8         267        X   X       2                          267
ANHEUSER BUSCH COS INC COM            035229103      1,755      34,600        X           2            34,600
ANHEUSER BUSCH COS INC COM            035229103         23         450        X   X       2               450
AON CORP COM                          037389103      3,474     145,595        X           2           145,595
AON CORP COM                          037389103         69       2,875        X   X       2             2,875
APACHE CORP COM                       037411105      9,319     184,275        X           2           182,206        450      1,619
APACHE CORP COM                       037411105        208       4,110        X   X       2             1,910      2,100        100
APPLIED MATERIALS COM                 038222105      3,856     225,477        X           2           223,917      1,050        510
APPLIED MATERIALS COM                 038222105         18       1,050        X   X       2               800        250
ARKONA INC COM                        041268103          8      14,000        X           2            14,000
ASSOCIATED BANC CORP COM              045487105    233,877   7,038,119        X           2         5,947,261     13,291  1,077,567
ASSOCIATED BANC CORP COM              045487105     16,523     497,245        X   X       2           140,393     72,298    284,554
AUTO DATA PROCESS COM                 053015103      4,250      95,836        X           2            91,476      1,200      3,160
AUTO DATA PROCESS COM                 053015103        265       5,975        X   X       2             4,550      1,425
                                                   -------
        COLUMN TOTALS                              307,872
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 3 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM 4-
- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>            <C>        <C>        <C>
AVERY DENNISON CORP COM               053611109      2,637      43,975        X           2            43,925                    50
AVERY DENNISON CORP COM               053611109         30         500        X   X       2               300        200
BB&T CORP COM                         054937107        271       6,455        X           2             6,455
BJ SVCS CO COM                        055482103      3,270      70,275        X           2            69,695        280        300
BJ SVCS CO COM                        055482103         75       1,615        X   X       2             1,575         40
BP PLC ADR                            055622104     13,620     233,227        X           2           221,790        250     11,187
BP PLC ADR                            055622104      1,335      22,853        X   X       2            20,303      2,200        350
BANK OF AMERICA CORP COM              060505104      2,252      47,932        X           2            44,892                 3,040
BANK OF AMERICA CORP COM              060505104          5         100        X   X       2               100
MEYER INVESTMENTS LTD PARTNERSHIP     060778008        547       2,101        X   X       2             2,101
    (COPY OF DOCUMENT ONLY)
91% INTEREST IN 70 WEST SHOPPING      060987005        756           1        X   X       2                            1
    CENTER PARTNERSHIP MINOCQUA WI
BANK MUTUAL CORP COM                  063750103        138      11,367        X           2            11,367
BANTA CORP COM                        066821109      2,250      50,270        X           2            41,920                 8,350
BANTA CORP COM                        066821109        103       2,300        X   X       2             2,075        225
BAXTER INTL COM                       071813109      2,154      62,369        X           2            60,975                 1,394
BAXTER INTL COM                       071813109         30         865        X   X       2               565        300
BELLSOUTH CORP COM                    079860102      1,477      53,135        X           2            51,135      2,000
BELLSOUTH CORP COM                    079860102        111       4,000        X   X       2             2,400      1,600
BEMIS INC COM                         081437105     17,883     614,756        X           2           606,781                 7,975
BEMIS INC COM                         081437105        889      30,555        X   X       2             1,600     28,955
BERKSHIRE HATHAWAY INC DEL CL B COM   084670207        464         158        X           2               118                    40
BERKSHIRE HATHAWAY INC DEL CL B COM   084670207         18           6        X   X       2                            6
BEST BUY CO INC COM                   086516101      3,974      66,873        X           2            66,473                   400
BEST BUY CO INC COM                   086516101        102       1,725        X   X       2             1,100        625
BIOMET INC COM                        090613100        838      19,320        X           2            15,095                 4,225
                                                   -------
        COLUMN TOTALS                               55,229
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 4 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM 4-
- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>            <C>        <C>        <C>
BIOMET INC COM                        090613100        195       4,500        X   X       2                        4,500
BIOGEN IDEC INC COM                   09062X103      2,981      44,755        X           2            44,655                   100
BIOGEN IDEC INC COM                   09062X103         31         470        X   X       2               370        100
BIOTECH HOLDRS TR DEP RCPT COM        09067D201        818       5,350        X           2             5,350
BLACK AND DECKER CORP COM             091797100        387       4,380        X           2             4,000                   380
BLOCK H & R INC COM                   093671105      3,607      73,619        X           2            71,619        250      1,750
BLOCK H & R INC COM                   093671105         72       1,466        X   X       2               716        750
BOEING CO COM                         097023105      4,877      94,199        X           2            91,409        225      2,565
BOEING CO COM                         097023105        124       2,400        X   X       2               975      1,425
BOSTON PPTYS INC COM                  101121101        207       3,200        X           2             1,600                 1,600
BRISTOL MYERS-SQUIBB CO COM           110122108      3,735     145,776        X           2           139,816                 5,960
BRISTOL MYERS-SQUIBB CO COM           110122108        775      30,257        X   X       2            11,555     17,502      1,200
BRUNSWICK CORP COM                    117043109        301       6,074        X   X       2                        6,074
BURLINGTON RESOURCES COM              122014103        564      12,968        X           2            12,968
CAPITAL ONE FINL CORP COM             14040H105        503       5,969        X           2             5,969
CAPITAL ONE FINL CORP COM             14040H105      1,069      12,700        X   X       2            10,300                 2,400
CARDINAL HEALTH INC COM               14149Y108        660      11,357        X           2            11,357
CAREMARK RX INC COM                   141705103      7,140     181,090        X           2           177,715      1,175      2,200
CAREMARK RX INC COM                   141705103        424      10,750        X   X       2             6,900      3,850
CARNIVAL CORP CL A PAIRED STOCK COM   143658300        219       3,800        X           2             3,800
CATERPILLAR INC COM                   149123101     21,059     215,970        X           2           212,155                 3,815
CATERPILLAR INC COM                   149123101        678       6,950        X   X       2             3,585      3,365
CENDANT CORP COM                      151313103     14,562     622,836        X           2           610,836      2,250      9,750
CENDANT CORP COM                      151313103        651      27,830        X   X       2            18,105      8,675      1,050
CHESAPEAKE CORP COM                   165159104        432      15,923        X           2            15,923
                                                    ------
        COLUMN TOTALS                               66,071
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 5 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM 4-
- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>         <C>        <C>
CHEVRONTEXACO CORP COM                166764100     12,665     241,187        X           2           230,941      1,774      8,472
CHEVRONTEXACO CORP COM                166764100        691      13,154        X   X       2             5,700      7,104        350
CHICAGO BRIDGE & IRON CO N V          167250109      8,526     213,140        X           2           212,130                 1,010
CHICAGO BRIDGE & IRON CO N V          167250109         81       2,015        X   X       2             1,190        825
CISCO SYSTEMS INC COM                 17275R102      5,773     298,822        X           2           286,222      1,400     11,200
CISCO SYSTEMS INC COM                 17275R102        356      18,415        X   X       2            12,223      5,892        300
CITIGROUP INC COM                     172967101     14,693     304,960        X           2           296,760      3,350      4,850
CITIGROUP INC COM                     172967101        391       8,123        X   X       2             5,698      2,425
CITIZENS BANKING CORP COM             174420109      1,416      41,236        X           2            41,236
CLOROX CO COM                         189054109      2,740      46,500        X           2            46,500
CLOROX CO COM                         189054109      1,223      20,747        X   X       2                       20,747
COCA COLA CO COM                      191216100      6,716     161,294        X           2           158,918        576      1,800
COCA COLA CO COM                      191216100        150       3,608        X   X       2             2,808        800
COLDWATER CREEK INC COM               193068103      1,187      38,450        X           2            38,450
COLGATE PALMOLIVE CO COM              194162103      4,563      89,182        X           2            86,922                 2,260
COLGATE PALMOLIVE CO COM              194162103        576      11,263        X   X       2             5,870      4,193      1,200
COMCAST CORP NEW CL A                 20030N101      3,083      92,646        X           2            91,796        200        650
COMCAST CORP NEW CL A                 20030N101        115       3,446        X   X       2               497      2,787        162
COMCAST CORP CL A SPL NEW COM         20030N200      7,141     217,434        X           2           212,834                 4,600
COMCAST CORP CL A SPL NEW COM         20030N200        156       4,750        X   X       2             2,050      2,500        200
COMERICA INC COM                      200340107         18         300        X           2               300
COMERICA INC COM                      200340107        195       3,194        X   X       2             2,994                   200
COMPARATOR SYSTEMS CORP NEW COM       204494207                 93,500        X           2            93,500
CONOCOPHILLIPS COM                    20825C104        799       9,205        X           2             9,205
CONSOLIDATED EDISON INC COM           209115104        256       5,843        X           2             5,643                   200
                                                    ------
        COLUMN TOTALS                               73,510
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 6 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM 4-
- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>         <C>        <C>
CONSOLIDATED EDISON INC COM           209115104         58       1,330        X   X       2               830        500
COUNTRY MAID FINANCIAL INC.           222356206          2      66,000        X           2            66,000
    COM NEW
COVANCE INC COM                       222816100      5,564     143,575        X           2           143,575
COVANCE INC COM                       222816100         64       1,650        X   X       2                        1,550        100
DANAHER CORP COM                      235851102        695      12,112        X           2            10,872                 1,240
DANAHER CORP COM                      235851102        146       2,550        X   X       2             2,000        550
DEAN FOODS CO NEW COM                 242370104      3,269      99,218        X           2            80,143      1,800     17,275
DEAN FOODS CO NEW COM                 242370104        148       4,500        X   X       2                        4,500
DEERE & CO COM                        244199105        223       3,000        X           2                                   3,000
DELL INC COM                          24702R101      9,304     220,780        X           2           219,465        200      1,115
DELL INC COM                          24702R101        385       9,135        X   X       2             5,025      4,110
DIAMONDS TR UNIT SER 1                252787106      1,336      12,425        X           2            12,425
DICKS SPORTING GOODS INC COM          253393102      4,856     138,145        X           2           137,410                   735
DICKS SPORTING GOODS INC COM          253393102        108       3,085        X   X       2               675      2,410
DIEBOLD INC COM                       253651103        209       3,750        X           2             3,750
DISNEY WALT CO COM                    254687106      8,066     290,137        X           2           284,261        500      5,376
DISNEY WALT CO COM                    254687106        463      16,670        X   X       2            13,070      3,600
DOLLAR GENERAL CORP COM               256669102        119       5,737        X           2             5,737
DOLLAR GENERAL CORP COM               256669102        155       7,445        X   X       2                        7,445
DOMINION RESOURCES INC NEW COM        25746U109        508       7,497        X           2             7,497
DOMINION RESOURCES INC NEW COM        25746U109         34         500        X   X       2               500
DONNELLEY R R & SONS CO COM           257867101        429      12,165        X           2            11,885                   280
DOW CHEMICAL CO COM                   260543103      3,410      68,870        X           2            65,820      1,500      1,550
DOW CHEMICAL CO COM                   260543103         54       1,100        X   X       2               450                   650
DU PONT E I DE NEMOURS & CO COM       263534109        487       9,928        X           2             9,528                   400
                                                    ------
        COLUMN TOTALS                               40,092
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 7 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM 4-
- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>         <C>        <C>
DU PONT E I DE NEMOURS & CO COM       263534109         29         600        X   X       2               600
DUKE ENERGY CORP COM                  264399106        295      11,664        X           2            11,664
DUKE ENERGY CORP COM                  264399106         46       1,800        X   X       2             1,800
DUN & BRADSTREET CORP DEL COM         26483E100        565       9,476        X           2             9,476
DUN & BRADSTREET CORP DEL COM         26483E100        158       2,650        X   X       2               550                 2,100
ENSCO INTL INC COM                    26874Q100      3,142      99,001        X           2            97,876        400        725
ENSCO INTL INC COM                    26874Q100        136       4,290        X   X       2             3,500        640        150
EOG RESOURCES INC COM                 26875P101        465       6,520        X           2             6,370                   150
EOG RESOURCES INC COM                 26875P101          5          75        X   X       2                           75
ECOLAB INC COM                        278865100        349       9,940        X           2             9,940
EMERSON ELEC CO COM                   291011104        239       3,404        X           2             3,154                   250
EMERSON ELEC CO COM                   291011104         38         545        X   X       2               134                   411
ENCOMPASS SERVICES CORP COM           29255U104                 31,646        X           2            31,646
ENVERVEST DIVERSIFIED INCOME TRUST    292963105         70      10,000        X   X       2            10,000
EXELON CORP COM                       30161N101        207       4,704        X           2             4,704
EXELON CORP COM                       30161N101         26         588        X   X       2               588
EXXON MOBIL CORP COM                  30231G102     29,486     575,231        X           2           550,530      1,425     23,276
EXXON MOBIL CORP COM                  30231G102      2,951      57,562        X   X       2            39,680      7,140     10,742
FNB BANCSHARES INC IRON MTN MI COM    30252A901        470      11,536        X           2            11,536
FPL GROUP INC COM                     302571104        621       8,302        X           2             8,137                   165
FPL GROUP INC COM                     302571104         16         220        X   X       2               100                   120
FEDERAL NATL MTG ASSN COM             313586109        448       6,288        X           2             6,288
FEDERAL NATL MTG ASSN COM             313586109         37         520        X   X       2               520
FEDEX CORP COM                        31428X106      6,509      66,088        X           2            65,323                   765
FEDEX CORP COM                        31428X106         49         500        X   X       2               300        200
                                                    ------
        COLUMN TOTALS                               46,357
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 8 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM 4-
- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>         <C>        <C>
FIDELITY US BOND INDEX FD             315911107        443      39,801        X           2            39,801
* FIDELITY HIGH INCOME FD             316146406        176      19,416        X           2            19,416
* FIDELITY SPARTAN MN MUNICIPAL       316412303        125      10,785        X           2            10,785
    INCOME FD
FIFTH THIRD BANCORP COM               316773100        253       5,351        X           2             5,351
FIFTH THIRD BANCORP COM               316773100        290       6,131        X   X       2             2,322                 3,809
FIRST DATA CORP COM                   319963104      9,076     213,345        X           2           207,810        700      4,835
FIRST DATA CORP COM                   319963104        457      10,750        X   X       2             7,900      2,450        400
FISERV INC COM                        337738108        307       7,645        X           2             7,545        100
FORD MOTOR CO DEL COM NEW             345370860        152      10,386        X           2            10,386
FORTUNE BRANDS INC COM                349631101     10,561     136,835        X           2           134,460        525      1,850
FORTUNE BRANDS INC COM                349631101        349       4,521        X   X       2             1,646      2,600        275
FRANKLIN RESOURCES INC COM            354613101      1,966      28,222        X           2            28,222
FRANKLIN RESOURCES INC COM            354613101        484       6,950        X   X       2             4,500                 2,450
* FRANKLIN MN INS TAX FREE INC A      354723405        171      14,016        X           2            14,016
GANNETT INC COM                       364730101        222       2,718        X           2             2,418                   300
GENERAL ELEC CO COM                   369604103     35,249     965,723        X           2           923,482      8,250     33,991
GENERAL ELEC CO COM                   369604103      1,945      53,299        X   X       2            39,439     13,660        200
GENERAL MOTORS CORP COM               370442105        200       5,002        X           2             4,285                   717
GENERAL MOTORS CORP COM               370442105         18         450        X   X       2               100        350
GILLETTE CO COM                       375766102        377       8,427        X           2             7,427                 1,000
GILLETTE CO COM                       375766102         85       1,900        X   X       2             1,900
GLAXO SMITHKLINE NEW ADR              37733W105        635      13,397        X           2            12,487                   910
GLAXO SMITHKLINE NEW ADR              37733W105        294       6,205        X   X       2             3,300      1,655      1,250
GOLDMAN SACHS GRP INC COM             38141G104      9,534      91,640        X           2            90,990                   650
GOLDMAN SACHS GRP INC COM             38141G104         94         900        X   X       2               475        425
                                                    ------
        COLUMN TOTALS                               73,463
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 9 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM 4-
- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>         <C>        <C>
GOLDMAN SACHS TR CORE FIXED INCOME    38142B419        427      42,418        X           2            42,418
    CL A
GRAINGER W W INC COM                  384802104        473       7,100        X           2             7,100
GREY GLOBAL GROUP INC COM             39787M108        440         400        X           2               400
HANCOCK JOHN BK & THRIFT SBI COM      409735107      2,511     232,720        X           2           232,720
HARLEY DAVIDSON INC COM               412822108      1,067      17,560        X           2            16,510                 1,050
HARLEY DAVIDSON INC COM               412822108        104       1,715        X   X       2             1,550        100         65
HARRIS CORP DEL COM                   413875105      5,972      96,656        X           2            95,081        600        975
HARRIS CORP DEL COM                   413875105        179       2,900        X   X       2               950      1,950
HEALTHTRAC INC COM                    42226R100          1      30,000        X           2            30,000
HEINZ H J CO COM                      423074103        283       7,255        X           2             7,255
HEINZ H J CO COM                      423074103         21         550        X   X       2               100        450
HEWLETT PACKARD CO COM                428236103        196       9,365        X           2             9,365
HEWLETT PACKARD CO COM                428236103         29       1,400        X   X       2             1,400
HOME DEPOT INC COM                    437076102      1,096      25,635        X           2            25,385                   250
HOME DEPOT INC COM                    437076102        108       2,525        X   X       2             2,525
HONEYWELL INTL INC COM                438516106        175       4,950        X           2             4,950
HONEYWELL INTL INC COM                438516106         28         800        X   X       2               800
HUBBELL INC CL A COM                  443510102        469       9,694        X           2             9,694
HUBBELL INC CL A COM                  443510102        116       2,400        X   X       2                                   2,400
HUBBELL INC CL B                      443510201        409       7,817        X           2             7,817
HUBBELL INC CL B                      443510201         35         664        X   X       2                                     664
IDT CORP COM                          448947101      2,557     174,155        X           2           169,255      1,350      3,550
IDT CORP COM                          448947101         99       6,775        X   X       2             2,800      3,975
IDT CORP CL B COM                     448947309        763      49,300        X           2            49,300
IDT CORP CL B COM                     448947309         59       3,800        X   X       2               525      3,275
                                                    ------
        COLUMN TOTALS                               17,617
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 10 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM
4- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>         <C>         <C>
IMS HEALTH INC COM                    449934108        878      37,850        X           2            37,850
IMS HEALTH INC COM                    449934108        195       8,400        X   X       2                                   8,400
ILLINOIS TOOL WORKS INC COM           452308109      7,375      79,573        X           2            78,298                 1,275
ILLINOIS TOOL WORKS INC COM           452308109        185       2,000        X   X       2             1,350        250        400
INCO LTD COM                          453258402      3,701     100,625        X           2           100,115                   510
INCO LTD COM                          453258402         56       1,535        X   X       2             1,235        300
INNOVATIVE FOOD HLDGS COM             45772H103                 20,400        X           2            20,400
INTEL CORP COM                        458140100     10,024     428,579        X           2           418,879        900      8,800
INTEL CORP COM                        458140100        710      30,371        X   X       2            18,650     11,221        500
INTERNATIONAL BUSINESS MACHS COM      459200101      5,969      60,547        X           2            57,181        110      3,256
INTERNATIONAL BUSINESS MACHS COM      459200101        318       3,222        X   X       2             2,597        625
INTERNATIONAL GAME TECHNOLOGY COM     459902102      3,259      94,800        X           2            93,925                   875
INTERNATIONAL GAME TECHNOLOGY COM     459902102          4         125        X   X       2                          125
INTERNATIONAL PAPER CO COM            460146103      1,203      28,645        X           2            27,870                   775
INTERNATIONAL PAPER CO COM            460146103         23         550        X   X       2                          550
ISHARES TR MSCI EAFE IDX              464287465        377       2,350        X           2             2,350
ISHARES TR MSCI EAFE IDX              464287465         65         407        X   X       2                          407
ISHARES TR S & P MDCP400 IDX          464287507        265       2,000        X           2               100                 1,900
ISHARES TR S&P MIDCAP GROWTH COM      464287606        360       2,675        X           2             2,575                   100
ISHARES TR RUSSELL 2000               464287655        405       3,130        X           2             3,130
ISHARES TR RUSSELL 2000               464287655         65         505        X   X       2                          505
ISHARES TR DJ US TELECOMM COM         464287713      1,371      56,415        X           2            56,210                   205
ISHARES TR DJ US TELECOMM COM         464287713         17         715        X   X       2               715
ISHARES TR S & P SMCP600 IDX          464287804      1,016       6,245        X           2             5,220                 1,025
ISHARES TR S & P SMCP600 IDX          464287804         36         220        X   X       2               220
                                                    ------
        COLUMN TOTALS                               37,877
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 11 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM
4- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>         <C>       <C>
ISHARES TR S&P SMALLCAP 600/BARRA     464287879        241       1,980        X           2             1,880                   100
    VALUE INDEX FD
ISHARES TR S&P SMALLCAP 600/BARRA     464287879        110         900        X   X       2               900
    VALUE INDEX FD
IVAX CORP COM                         465823102      5,049     319,150        X           2           319,150
IVAX CORP COM                         465823102        102       6,475        X   X       2               775      5,500        200
JPMORGAN CHASE & CO COM               46625H100      2,919      74,823        X           2            68,617                 6,206
JPMORGAN CHASE & CO COM               46625H100        226       5,790        X   X       2             4,866        264        660
JOHNSON & JOHNSON COM                 478160104     15,830     249,614        X           2           241,634      1,220      6,760
JOHNSON & JOHNSON COM                 478160104        629       9,925        X   X       2             5,925      3,900        100
JOHNSON CONTROLS INC COM              478366107        368       5,805        X           2             5,805
KEYCORP NEW COM                       493267108         51       1,505        X           2             1,505
KEYCORP NEW COM                       493267108        154       4,540        X   X       2             3,740        800
KIMBERLY CLARK CORP COM               494368103    148,134   2,250,942        X           2         2,028,463     39,125    183,354
KIMBERLY CLARK CORP COM               494368103      8,399     127,629        X   X       2            81,516     10,375     35,738
KOHLS CORP COM                        500255104      2,928      59,551        X           2            59,341                   210
KOHLS CORP COM                        500255104        262       5,330        X   X       2             3,890      1,440
LSI LOGIC CORP COM                    502161102         66      12,000        X           2            12,000
LEGG MASON INC COM                    524901105      2,815      38,396        X           2            37,010        225      1,161
LEGG MASON INC COM                    524901105        236       3,224        X   X       2             1,200      2,024
LIBERTY MEDIA CORP NEW COM SER A      530718105      8,694     791,769        X           2           776,827      1,340     13,602
LIBERTY MEDIA CORP NEW COM SER A      530718105        222      20,240        X   X       2            13,575      6,065        600
LILLY ELI & CO COM                    532457108      5,484      96,632        X           2            94,582                 2,050
LILLY ELI & CO COM                    532457108        381       6,710        X   X       2             4,525        485      1,700
LINEAR TECHNOLOGY CORP COM            535678106      4,793     123,670        X           2           119,895        175      3,600
LINEAR TECHNOLOGY CORP COM            535678106        124       3,200        X   X       2             1,100      2,100
LITTLEFIELD ADAMS & CO COM            537581100                 15,518        X           2            15,518
                                                   -------
        COLUMN TOTALS                              208,217
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 12 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM
4- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>         <C>        <C>
LOCATEPLUS HOLDINGS CORP CL A         539570101         12      38,800        X           2            38,800
* LORD ABBETT NATL TAX FREE INC CL A  543902100        378      32,718        X           2            32,718
LOWES COS INC COM                     548661107      1,928      33,474        X           2            32,849                   625
LOWES COS INC COM                     548661107        199       3,450        X   X       2             2,300      1,150
LUCENT TECHNOLOGIES INC COM           549463107        101      26,741        X           2            26,741
LUCENT TECHNOLOGIES INC COM           549463107          3         760        X   X       2               760
LUCENT TECH INC WARRANTS EXP          549463131         36      22,814        X           2            22,814
    12/10/07 EXERCISABLE AT 2.75 PER SH
LUCENT TECH INC WARRANTS EXP          549463131          1         706        X   X       2                47        423        236
    12/10/07 EXERCISABLE AT 2.75 PER SH
MGE ENERGY INC COM                    55277P104        346       9,601        X           2             9,601
MGE ENERGY INC COM                    55277P104         70       1,950        X   X       2             1,725        225
MANITOWOC CO INC COM                  563571108      2,442      64,860        X           2            51,935                12,925
MANITOWOC CO INC COM                  563571108        345       9,152        X   X       2             9,152
MANPOWER INC COM                      56418H100        324       6,700        X           2             6,700
MARSH & MC LENNAN COS INC COM         571748102        468      14,216        X           2             9,716                 4,500
MARSH & MC LENNAN COS INC COM         571748102         59       1,800        X   X       2               200      1,600
MARSHALL & ILSLEY CORP COM            571834100     11,705     264,821        X           2           239,381     12,390     13,050
MARSHALL & ILSLEY CORP COM            571834100      2,083      47,138        X   X       2            29,784     17,354
MARTEK BIOSCIENCES CORP COM           572901106      1,812      35,390        X           2            35,390
MARTEK BIOSCIENCES CORP COM           572901106         91       1,775        X   X       2               125      1,650
MASCO CORP COM                        574599106      9,915     271,434        X           2           267,409        650      3,375
MASCO CORP COM                        574599106        416      11,390        X   X       2             5,590      5,150        650
MATTEL INC COM                        577081102      4,223     216,680        X           2           210,855                 5,825
MATTEL INC COM                        577081102        110       5,625        X   X       2             1,025      4,600
MCDONALDS CORP COM                    580135101        759      23,686        X           2            23,686
MCDONALDS CORP COM                    580135101         36       1,108        X   X       2               908        200
                                                    ------
        COLUMN TOTALS                               37,862
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 13 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM
4- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>          <C>       <C>
MCGRAW-HILL CO INC COM                580645109        682       7,455        X           2             6,055                 1,400
MCGRAW-HILL CO INC COM                580645109        165       1,800        X   X       2             1,400        400
MEDIMMUNE INC COM                     584699102      2,587      95,415        X           2            95,195                   220
MEDIMMUNE INC COM                     584699102         27       1,010        X   X       2               760        250
MEDTRONIC INC COM                     585055106     15,337     308,786        X           2           304,636      1,600      2,550
MEDTRONIC INC COM                     585055106        800      16,113        X   X       2             9,013      5,650      1,450
MERCHANTS & MFRS BANCORP INC          588327106        734      21,110        X           2               110                21,000
    COM
MERCK & CO INC COM                    589331107      1,674      52,074        X           2            50,466                 1,608
MERCK & CO INC COM                    589331107        140       4,366        X   X       2             3,466        900
MERRILL LYNCH & CO INC COM            590188108      4,622      77,327        X           2            76,687                   640
MERRILL LYNCH & CO INC COM            590188108         77       1,285        X   X       2             1,185        100
MICROSOFT CORP COM                    594918104     22,518     842,742        X           2           830,399      1,450     10,893
MICROSOFT CORP COM                    594918104        866      32,422        X   X       2            23,140      7,982      1,300
MIDCAP SP DR TR UNIT SER 1 COM        595635103      1,354      11,190        X           2            11,190
MIDCAP SP DR TR UNIT SER 1 COM        595635103        139       1,150        X   X       2               440        710
MIDWEST RESOURCES 01-1 OIL AND GAS    598348902        170          34        X           2                28                     6
    INCOME LIMITED PARTNERSHIP
MIDWEST RESOURCES 01-1 OIL AND GAS    598348902         50          10        X   X       2                           10
    INCOME LIMITED PARTNERSHIP
MIDWEST RESOURCES 02-1 OIL AND GAS    598349900        200          40        X           2                40
    INCOME LIMITED PARTNERSHIP
MIDWEST RESOURCES 02-1 OIL AND GAS    598349900         50          10        X   X       2                           10
    INCOME LIMITED PARTNERSHIP
MILLER HERMAN INC COM                 600544100      2,203      79,736        X           2            75,736                 4,000
MILLIPORE CORP COM                    601073109        940      18,865        X           2            18,455                   410
MILLIPORE CORP COM                    601073109         30         610        X   X       2               450        160
MOLEX INC COM                         608554101      2,252      75,054        X           2            72,382                 2,672
MOLEX INC CL A                        608554200      2,605      97,743        X           2            94,572                 3,171
MOLEX INC CL A                        608554200        140       5,259        X   X       2             3,564        475      1,220
                                                    ------
        COLUMN TOTALS                               60,362
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 14 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM
4- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>            <C>         <C>        <C>
MONTOUR INC COM                       614115194        478         358        X           2               358
MOODYS CORP COM                       615369105      1,698      19,554        X           2            19,554
MOODYS CORP COM                       615369105        460       5,300        X   X       2             1,100                 4,200
MORGAN STANLEY COM                    617446448      1,366      24,607        X           2            24,607
MORGAN STANLEY COM                    617446448         49         878        X   X       2                          878
MOTOROLA INC COM                      620076109        256      14,891        X           2            14,691                   200
MOTOROLA INC COM                      620076109         36       2,100        X   X       2             1,800        300
NASDAQ 100 TR UNIT SER 1 COM          631100104      3,932      98,500        X           2            97,790        550        160
NASDAQ 100 TR UNIT SER 1 COM          631100104         24         595        X   X       2               595
NATIONAL CITY CORP COM                635405103      1,920      51,137        X           2            49,353        100      1,684
NATIONAL CITY CORP COM                635405103        201       5,360        X   X       2             3,200      2,160
NATIONS RX INC COM                    638597104          3      50,000        X           2            50,000
NEENAH PAPER INC COM                  640079109      2,205      67,651        X           2            65,662      1,175        814
NEENAH PAPER INC COM                  640079109        126       3,860        X   X       2             2,424        370      1,066
NESTLE S A SPONSORED ADR              641069406      1,313      20,070        X           2            18,570                 1,500
NESTLE S A SPONSORED ADR              641069406         39         600        X   X       2               600
NEW PLAN EXCEL RLTY TR INC COM        648053106        226       8,350        X           2             8,350
NEW PLAN EXCEL RLTY TR INC COM        648053106         61       2,250        X   X       2                        1,500        750
NEWELL RUBBERMAID INC COM             651229106      3,051     126,112        X           2           122,152                 3,960
NEWELL RUBBERMAID INC COM             651229106         53       2,180        X   X       2             1,980        200
NEWMONT MINING CORP HOLDING COMPANY   651639106      2,207      49,700        X           2            48,085                 1,615
    COM
NEWMONT MINING CORP HOLDING COMPANY   651639106         59       1,325        X   X       2               575        250        500
    COM
NICOLET BANKSHARES INC COM            65406E102        133       9,500        X           2             8,500                 1,000
NICOLET BANKSHARES INC COM            65406E102         42       3,000        X   X       2             3,000
NOKIA CORP ADR                        654902204      1,923     122,745        X           2           119,740        400      2,605
                                                    ------
        COLUMN TOTALS                               21,861
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 15 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM
4- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>          <C>        <C>
NOKIA CORP ADR                        654902204         96       6,150        X   X       2             2,800      2,850        500
NORTEL NETWORKS CORP NEW COM          656568102         45      13,020        X           2            13,020
NORTH FORK BANCORP COM                659424105      7,247     251,203        X           2           249,929        824        450
NORTH FORK BANCORP COM                659424105        777      26,925        X   X       2            19,425      1,650      5,850
NORTHERN TRUST CORP COM               665859104      4,752      97,822        X           2            95,507        500      1,815
NORTHERN TRUST CORP COM               665859104        139       2,865        X   X       2             1,475      1,390
NORTHROP GRUMMAN CORP COM             666807102      6,669     122,675        X           2           121,825        820         30
NORTHROP GRUMMAN CORP COM             666807102        173       3,190        X   X       2             1,500      1,690
PEREGRINE INVESTMENTS HLDGS LTD       6682930          119      59,000        X           2            59,000
    HKD$0.60
* NUVEEN MUNI BD FD CL R              67065Q400        213      23,348        X           2            23,348
OLD SECOND BANCORP INC ILL COM        680277100        403      12,652        X           2            12,652
OLD SECOND BANCORP INC ILL COM        680277100        170       5,334        X   X       2                                   5,334
OMNICOM GROUP INC COM                 681919106      1,398      16,580        X           2            16,215        125        240
OMNICOM GROUP INC COM                 681919106        204       2,425        X   X       2             2,300        125
ORACLE CORP COM                       68389X105        145      10,600        X           2             6,700                 3,900
OSHKOSH B GOSH INC CL A               688222207        948      44,299        X           2            44,299
OSHKOSH B GOSH INC CL A               688222207        132       6,160        X   X       2                        6,160
OSHKOSH B GOSH INC CL B               688222306        117      10,606        X           2            10,606
OSHKOSH TRUCK CORP CL B               688239201      8,201     119,939        X           2           119,264        125        550
OSHKOSH TRUCK CORP CL B               688239201        172       2,520        X   X       2               400      2,120
* PIMCO FDS PAC INVT MGMT SER         693390841      3,301     331,093        X           2           307,061                24,032
    HIGH YIELD FD
* PIMCO FDS PAC INVT MGMT SER         693390841        443      44,456        X   X       2                        9,647     34,809
    HIGH YIELD FD
* PIMCO REAL RETURN BOND FD INSTL CL  693391104      6,719     584,595        X           2           584,263                   332
* PIMCO REAL RETURN BOND FD INSTL CL  693391104        125      10,836        X   X       2             1,115      9,721
PAYCHEX INC COM                       704326107      1,469      43,120        X           2            42,805                   315
                                                    ------
        COLUMN TOTALS                               44,177
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 16 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM
4- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>         <C>        <C>
PAYCHEX INC COM                       704326107         15         450        X   X       2               200        250
PENTAIR INDS INC COM                  709631105      1,749      40,156        X           2            40,156
PENTAIR INDS INC COM                  709631105        549      12,600        X   X       2                       12,600
PEPSICO INC COM                       713448108     17,289     331,207        X           2           319,517        925     10,765
PEPSICO INC COM                       713448108      1,306      25,012        X   X       2            19,718      5,075        219
PETSMART INC COM                      716768106        302       8,500        X           2                                   8,500
PFIZER INC COM                        717081103     13,442     499,893        X           2           489,528      1,590      8,775
PFIZER INC COM                        717081103      1,934      71,935        X   X       2            47,835      8,350     15,750
PHELPS DODGE CORP COM                 717265102      3,151      31,860        X           2            31,770                    90
PHELPS DODGE CORP COM                 717265102         14         140        X   X       2               140
PITNEY BOWES INC COM                  724479100        473      10,211        X           2            10,211
PLEXUS CORP COM                       729132100      2,768     212,791        X           2           131,291                81,500
PLUM CREEK TIMBER CO INC COM          729251108      7,403     192,574        X           2           187,699        650      4,225
PLUM CREEK TIMBER CO INC COM          729251108        314       8,175        X   X       2             4,590      2,685        900
PRECISION CASTPARTS CORP COM          740189105        217       3,300        X           2             3,300
PRECISION CASTPARTS CORP COM          740189105        360       5,482        X   X       2                        5,482
T ROWE PRICE GROUP INC COM            74144T108      5,201      83,625        X           2            82,985                   640
T ROWE PRICE GROUP INC COM            74144T108         87       1,400        X   X       2                          950        450
PROCTER & GAMBLE CO COM               742718109     28,095     510,085        X           2           492,687      9,490      7,908
PROCTER & GAMBLE CO COM               742718109      1,178      21,383        X   X       2            15,070      5,675        638
QUALCOMM INC COM                      747525103      6,669     157,284        X           2           157,284
QUALCOMM INC COM                      747525103          4         100        X   X       2               100
R H DONNELLEY CORP NEW COM            74955W307        183       3,100        X           2             3,100
R H DONNELLEY CORP NEW COM            74955W307         50         840        X   X       2                                     840
ROCKWELL AUTOMATION INC COM           773903109      4,971     100,324        X           2           100,324
                                                    ------
        COLUMN TOTALS                               97,724
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 17 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM
4- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>          <C>        <C>
ROCKWELL AUTOMATION INC COM           773903109        131       2,645        X   X       2             2,300        345
ROYAL DUTCH PETROLEUM CO COM          780257804      1,662      28,958        X           2            28,958
ROYAL DUTCH PETROLEUM CO COM          780257804          6         100        X   X       2                                     100
* RYDEX JUNO FD INV CL                783554702        498      25,941        X           2            25,941
* RYDEX JUNO FD INV CL                783554702         13         659        X   X       2               659
SBC COMMUNICATIONS INC COM            78387G103      4,200     162,974        X           2           161,485                 1,489
SBC COMMUNICATIONS INC COM            78387G103        340      13,205        X   X       2             9,956      3,249
SLM CORP COM                          78442P106      2,657      49,761        X           2            43,561                 6,200
SPDR TR UNIT SER 1                    78462F103     12,731     105,330        X           2           105,260                    70
SPDR TR UNIT SER 1                    78462F103        592       4,898        X   X       2             1,295      1,703      1,900
SRA INTL INC CL A                     78464R105        218       3,400        X           2             3,400
ST JUDE MEDICAL INC COM               790849103        273       6,500        X           2             6,500
SARA LEE CORP NEW COM                 803111103      4,398     182,197        X           2           177,472      2,400      2,325
SARA LEE CORP NEW COM                 803111103         77       3,200        X   X       2             2,400        800
SCHERING PLOUGH CORP COM              806605101      1,099      52,654        X           2            52,454                   200
SCHERING PLOUGH CORP COM              806605101        133       6,350        X   X       2             5,350                 1,000
SCHLUMBERGER LTD COM                  806857108     15,761     235,412        X           2           234,242                 1,170
SCHLUMBERGER LTD COM                  806857108        338       5,050        X   X       2             3,425      1,425        200
SCHWAB CHARLES CORP COM               808513105        127      10,600        X           2            10,600
SCHWAB CHARLES CORP COM               808513105          8         650        X   X       2                                     650
SCHWEITZER-MAUDUIT INTL INC COM       808541106      2,350      69,224        X           2            59,809        224      9,191
SCHWEITZER-MAUDUIT INTL INC COM       808541106         35       1,044        X   X       2                44                 1,000
SEALED AIR CORP NEW COM               81211K100        266       5,000        X           2             5,000
SEALED AIR CORP NEW COM               81211K100        188       3,530        X   X       2                        3,530
SELECT SECTOR SPDR TR SBI MATERIALS   81369Y100      1,938      65,174        X           2            63,824                 1,350
                                                    ------
        COLUMN TOTALS                               50,039
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 18 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM
4- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>            <C>         <C>       <C>
SELECT SECTOR SPDR TR SBI MATERIALS   81369Y100         28         930        X   X       2               930
SELECT SECTOR SPDR TR HEALTHCARE      81369Y209        926      30,680        X           2            30,585                    95
SELECT SECTOR SPDR TR HEALTHCARE      81369Y209         16         520        X   X       2               520
SELECT SECTOR SPDR TR SBI CONS STPLS  81369Y308      1,070      46,360        X           2            46,235                   125
SELECT SECTOR SPDR TR SBI CONS STPLS  81369Y308         20         875        X   X       2               875
SELECT SECTOR SPDR TR                 81369Y407      1,111      31,475        X           2            31,415                    60
    CONSUMER DISCRETIONARY SECTOR
SELECT SECTOR SPDR TR                 81369Y407          8         235        X   X       2               235
    CONSUMER DISCRETIONARY SECTOR
SELECT SECTOR SPDR TRUST ENERGY       81369Y506      2,650      72,965        X           2            72,640                   325
SELECT SECTOR SPDR TRUST ENERGY       81369Y506         54       1,495        X   X       2             1,495
SELECT SECTOR SPDR TRUST FINANCE      81369Y605      2,601      85,190        X           2            84,870                   320
SELECT SECTOR SPDR TRUST FINANCE      81369Y605         40       1,305        X   X       2             1,305
SELECT SECTOR SPDR TR                 81369Y704      1,876      60,370        X           2            60,170                   200
    INDUSTRIAL SECTOR
SELECT SECTOR SPDR TR                 81369Y704         23         725        X   X       2               725
    INDUSTRIAL SECTOR
SECTOR SPDR TR SBI TECHNOLOGY         81369Y803      1,442      68,330        X           2            62,030                 6,300
SEMICONDUCTOR HOLDRS TR DEP RCPT COM  816636203        210       6,300        X           2             6,300
SEMICONDUCTOR HOLDRS TR DEP RCPT COM  816636203         20         600        X   X       2                          600
SMITH INTL INC COM                    832110100      1,036      19,050        X           2            18,840                   210
SMITH INTL INC COM                    832110100         11         200        X   X       2               200
SNAP-ON INC COM                       833034101        280       8,162        X           2             8,162
SOLECTRON CORP COM                    834182107         71      13,400        X           2             1,000                12,400
SOUTHERN CO COM                       842587107      4,126     123,097        X           2           120,397        800      1,900
SOUTHERN CO COM                       842587107        166       4,954        X   X       2             3,450        700        804
SPRINT CORP FON COM                   852061100        272      10,950        X           2            10,950
STAPLES INC COM                       855030102      3,336      98,970        X           2            98,750                   220
STAPLES INC COM                       855030102         69       2,035        X   X       2             1,695        340
                                                    ------
        COLUMN TOTALS                               21,462
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 19 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM
4- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>          <C>
STARBUCKS CORP COM                    855244109        209       3,355        X           2             3,355
STARBUCKS CORP COM                    855244109         12         200        X   X       2                                     200
STATE STREET CORP COM                 857477103      8,260     168,154        X           2           164,109        470      3,575
STATE STREET CORP COM                 857477103        523      10,649        X   X       2             9,280      1,200        169
STORAGE TECHNOLOGY CORP NEW COM       862111200      3,415     108,030        X           2           105,860        200      1,970
STORAGE TECHNOLOGY CORP NEW COM       862111200        156       4,925        X   X       2               525      4,400
* STRONG ULTRA SHORT FD               863338109        170      18,519        X           2            18,519
* STRONG GOVERNMENT SECURITIES FD     863344107        162      15,069        X           2            15,069
SUN MICROSYSTEMS INC COM              866810104        137      25,403        X           2            25,403
SUN MICROSYSTEMS INC COM              866810104         14       2,600        X   X       2                                   2,600
SUNGARD DATA SYS INC COM              867363103      5,811     205,107        X           2           197,632                 7,475
SUNGARD DATA SYS INC COM              867363103        635      22,403        X   X       2            20,003        400      2,000
SUPERVALU INC COM                     868536103      1,142      33,096        X           2            28,946                 4,150
SUPERVALU INC COM                     868536103          7         200        X   X       2                          200
SYMANTEC CORP COM                     871503108      5,214     202,400        X           2           198,400                 4,000
SYMANTEC CORP COM                     871503108        104       4,025        X   X       2               500      3,525
SYSCO CORP COM                        871829107     12,089     316,729        X           2           311,009                 5,720
SYSCO CORP COM                        871829107        321       8,400        X   X       2             6,500      1,900
TIAA-CREF SHORT TERM BOND FD          872447883        609      57,678        X           2            57,678
TJX COMPANIES INC COM NEW             872540109        992      39,480        X           2            38,205        500        775
TJX COMPANIES INC COM NEW             872540109        134       5,350        X   X       2             2,400      2,950
TARGET CORP COM                       87612E106        340       6,546        X           2             6,146                   400
TARGET CORP COM                       87612E106        119       2,300        X   X       2             1,800        500
TEXAS INSTR INC COM                   882508104      1,631      66,239        X           2            65,439                   800
TEXAS INSTR INC COM                   882508104         54       2,179        X   X       2               400        950        829
                                                    ------
        COLUMN TOTALS                               42,260
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 20 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM
4- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>          <C>        <C>
3M COMPANY COM                        88579Y101     11,488     139,985        X           2           131,623        125      8,237
3M COMPANY COM                        88579Y101        834      10,160        X   X       2               805      2,155      7,200
TORONTO DOMINION BK ONTARIO CAN COM   891160509        422      10,130        X           2            10,130
TYCO INTL LTD NEW COM                 902124106        187       5,240        X           2             5,240
TYCO INTL LTD NEW COM                 902124106         48       1,352        X   X       2             1,352
US BANCORP DEL NEW COM                902973304      6,871     219,391        X           2           210,391                 9,000
US BANCORP DEL NEW COM                902973304        988      31,560        X   X       2            20,261      1,450      9,849
U S I HLDGS COM                       90333H101        116      10,000        X           2            10,000
UNION PAC CORP COM                    907818108        235       3,500        X           2             3,500
UNITED FIRE & CASUALTY CO COM         910331107        337      10,000        X           2            10,000
UNITED PARCEL SERVICES INC COM        911312106        237       2,770        X           2             2,770
UNITED PARCEL SERVICES INC COM        911312106          4          50        X   X       2                50
UNITED TECHNOLOGIES CORP COM          913017109        833       8,057        X           2             8,057
UNITEDHEALTH GROUP INC COM            91324P102     15,864     180,213        X           2           177,561        927      1,725
UNITEDHEALTH GROUP INC COM            91324P102        491       5,575        X   X       2             2,000      3,475        100
UNIVISION COMMUN INC CL A COM         914906102        214       7,300        X           2             7,300
VALERO ENERGY COM                     91913Y100        170       3,740        X           2               740                 3,000
VALERO ENERGY COM                     91913Y100         42         926        X   X       2                          926
* VAN KAMPEN SENIOR LOAN FD CL B      920914108        108      11,887        X           2            11,887
* VAN KAMPEN SENIOR LOAN FD CL B      920914108         14       1,499        X   X       2             1,499
* VANGUARD TOTAL BD MARKET INDEX FD   921937108     22,883   2,227,844        X           2         2,187,297                40,547
* VANGUARD TOTAL BD MARKET INDEX FD   921937108      1,054     102,629        X   X       2            45,949     56,680
* VANGUARD BD INDEX FD INC            921937207        216      21,345        X           2            21,345
    SHORT TERM BD INDEX
* VANGUARD TOTAL BOND INDEX FUND      921937603      5,847     569,320        X           2           569,320
    ADMIRAL SHARES
* VANGUARD TOTAL BOND INDEX FUND      921937603        117      11,359        X   X       2                       11,359
    ADMIRAL SHARES
                                                    ------
        COLUMN TOTALS                               69,620
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 21 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM
4- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>         <C>           <C>       <C>
* VANGUARD SHORT TERM BOND FUND       921937702      2,775     273,672        X           2           273,672
    ADMIRAL CL
* VANGUARD FIXED INCOME SEC FD        922031109        250      26,215        X   X       2                       26,215
    INVT GRADE CORP
* VANGUARD HIGH YIELD CORP PORTFOLIO  922031208        209      32,488        X           2            32,488
* VANGUARD GNMA FD                    922031307        104       9,958        X           2             9,958
* VANGUARD GNMA FD                    922031307         51       4,844        X   X       2                        4,844
* VANGUARD SHORT TERM CORP BOND FD    922031406     43,853   4,113,380        X           2         4,003,801      5,216    104,363
* VANGUARD SHORT TERM CORP BOND FD    922031406      2,112     198,077        X   X       2           112,821     85,256
VANGUARD FIXED INCOME SECS F          922031760        370      57,514        X   X       2                                  57,514
    HIYLD CORP ADM
* VANGUARD FIXED INCOME SEC FD        922031836     18,004   1,688,888        X           2         1,648,233                40,655
    SHORT TERM CORP ADMIRAL SHARES
* VANGUARD FIXED INCOME SEC FD        922031836         24       2,232        X   X       2                        2,232
    SHORT TERM CORP ADMIRAL SHARES
* VANGUARD MUNI BOND FD INC SHORT     922907100      1,038      66,440        X           2            66,440
    TERM PORTFOLIO
* VANGUARD MUNI BOND FD INC           922907209        574      42,259        X           2            42,259
    INTERMEDIATE TERM PORTFOLIO
* VANGUARD MUNI BOND FD INC           922907209        193      14,203        X   X       2            14,203
    INTERMEDIATE TERM PORTFOLIO
* VANGUARD MUNI BD FD INC LTD TERM    922907704        936      85,734        X           2            81,014                 4,720
    PORTFOLIO
* VANGUARD MUNI BOND FUND INC SHORT   922907803        289      18,479        X           2            18,479
    TERM TAX EXEMPT ADMIRAL SHARES
* VANGUARD MUNI BOND FUND INTERMED    922907878        261      19,219        X           2            19,219
    TERM TAX EXEMPT ADMIRAL SHARES
* VANGUARD MUNI BOND FUND INC         922907886      1,108     101,436        X           2           101,436
    LMTD TERM TAX EXEMPT ADMIRAL SHARES
VERIZON COMMUNICATIONS COM            92343V104      3,662      90,404        X           2            90,384                    20
VERIZON COMMUNICATIONS COM            92343V104        140       3,449        X   X       2             2,549        900
VIACOM INC CL B COM                   925524308      2,757      75,759        X           2            75,224                   535
VIACOM INC CL B COM                   925524308         79       2,160        X   X       2             1,360        800
VODAFONE GROUP PLC NEW SPONS ADR      92857W100      6,185     225,894        X           2           224,229                 1,665
VODAFONE GROUP PLC NEW SPONS ADR      92857W100         56       2,055        X   X       2             1,055      1,000
WPS RESOURCES CORP COM                92931B106      4,404      88,156        X           2            81,208        410      6,538
WPS RESOURCES CORP COM                92931B106        664      13,286        X   X       2             6,513      6,670        103
                                                    ------
        COLUMN TOTALS                               90,098
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 22 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM
4- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>          <C>        <C>
WACHOVIA CORP NEW COM                 929903102        844      16,050        X           2            16,050
WACHOVIA CORP NEW COM                 929903102        515       9,792        X   X       2             4,510      1,000      4,282
WAL MART STORES INC COM               931142103      4,232      80,120        X           2            79,145                   975
WAL MART STORES INC COM               931142103        230       4,352        X   X       2             3,400        850        102
WALGREEN CO COM                       931422109      9,897     257,950        X           2           255,460                 2,490
WALGREEN CO COM                       931422109      1,139      29,694        X   X       2            21,720      1,170      6,804
WASHINGTON MUTUAL INC COM             939322103      1,963      46,436        X           2            44,376        300      1,760
WASHINGTON MUTUAL INC COM             939322103        232       5,476        X   X       2             2,941      2,250        285
WASTE MANAGEMENT INC NEW COM          94106L109      1,918      64,051        X           2            63,218                   833
WASTE MANAGEMENT INC NEW COM          94106L109        126       4,205        X   X       2                                   4,205
WAUSAU-MOSINEE PAPER CORP COM         943315101      1,379      77,200        X           2            70,276      3,889      3,035
WAUSAU-MOSINEE PAPER CORP COM         943315101        412      23,041        X   X       2            23,041
WELLPOINT INC COM                     94973V107      7,081      61,575        X           2            61,450                   125
WELLPOINT INC COM                     94973V107        182       1,585        X   X       2             1,175        410
WELLS FARGO & CO NEW COM              949746101     12,162     195,691        X           2           186,115      1,230      8,346
WELLS FARGO & CO NEW COM              949746101        648      10,422        X   X       2             6,693      3,625        104
WEYERHAEUSER CO COM                   962166104        192       2,854        X           2             1,730      1,124
WEYERHAEUSER CO COM                   962166104        542       8,058        X   X       2             1,913      5,645        500
WISCONSIN ENERGY CORP COM             976657106        682      20,242        X           2            17,862                 2,380
WISCONSIN ENERGY CORP COM             976657106        195       5,790        X   X       2             4,500      1,290
WYETH COM                             983024100        790      18,550        X           2            17,450                 1,100
WYETH COM                             983024100         11         267        X   X       2               267
XANSER CORP COM                       98389J103        125      44,650        X           2            44,650
YUM BRANDS INC COM                    988498101      2,280      48,327        X           2            48,327
YUM BRANDS INC COM                    988498101         34         720        X   X       2               720
                                                    ------
        COLUMN TOTALS                               47,811
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
REPORT PTR285 4A ASSOCIATED TRUST CO SECURITIES AND EXCHANGE COMMISSION FORM
13-F 12/31/04 PAGE 23 - - - - - - ITEM 1 AND 2 - - - - - - - ITEM 3 - - - ITEM
4- - -ITEM 5 - - -ITEM 6- - - -ITEM 7- - - - - - - - -ITEM 8- - - - - - -
                                                                          INVESTMENT
                                                    MARKET     SHARES     DISCRETION                        VOTING AUTHORITY
                                                    VALUE        OR     SOLE SHR OTHER                  SOLE      SHARED     NONE
     ISSUER AND TITLE OF CLASS          CUSIP    (THOUSANDS)  PRINCIPAL  (A) (B) (C)    MANAGERS         (A)        (B)       (C)
<S>                                   <C>        <C>          <C>        <C> <C> <C>    <C>           <C>         <C>        <C>
ZIMMER HLDGS INC COM                  98956P102     15,597     194,666        X           2           189,801                 4,865
ZIMMER HLDGS INC COM                  98956P102        646       8,057        X   X       2             2,833      5,224
ZORAN CORP COM                        98975F101        117      10,100        X           2             9,600                   500
ZORAN CORP COM                        98975F101         17       1,500        X   X       2               300      1,200
                                                    ------
        COLUMN TOTALS                               16,377
         FINAL TOTALS                            1,570,552
</TABLE>


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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